FOR SALE
16/01/23
1144
First & Last / Rightbiz
First & Last
1968-1972 Maryhill Road, Glasgow, G20 0EF
· Long established public house opportunity
· Prominent corner trading position, opposite Maryhill Railway Station
· Popular ‘locals’ bar within busy residential & commercial area
· Public Bar & Lounge Bar. Overall capacity: 154
· Designed & fitted to high standard
· Also offers development opportunity for alternate use (STPP)
LOCATION
The subjects benefit from a prominent corner trading position on the north side of Maryhill Road at its junction with Duart Street within the Maryhill area of Glasgow, and lies approximately 3 miles to the north-west of the City Centre.
Maryhill Road is an extremely well-travelled thoroughfare forming part of the A81, a main arterial route linking Glasgow city centre with Milngavie and Bearsden which lie only a few miles north.
The subjects are located within a busy residential area with a variety of housing types from traditional tenement properties to modern developments. The area is also a busy commercial area with a number of shops, trading estates, offices, pubs, restaurants and takeaways, ensuring the area is busy throughout the day and evening.
The subjects also benefit from their close proximity to Maryhill Railway Station which lies directly across the road as well as many regular bus services.
THE PROPERTY
The subjects comprise part ground floor of 2 adjoining 2-storey and 3-storey traditional tenement style properties under pitched tiled roofs.
DESCRIPTION
The subjects can be accessed directly from Maryhill Road with 2 separate entrances leading into both the bar and the lounge, and there is also an additional side entrance from Duart Street to the bar.
The premises have been designed and fitted to a high standard throughout and have recently been redecorated in a modern and stylish fashion and are in walk in condition.
The public bar area is positioned to the right-hand side of the property and comprises the bar/servery counter and seating for approximately 25 customers by way of comfy banquet seating, loose tables, chairs and stools. There are 2 flat screen televisions and a gaming machine.
The Lounge Bar is positioned to the left-hand side of the property and comprises an additional bar/servery and seating for approximately 35 customers again with fixed comfy banquet seating, loose tables, chairs & stools. This area is home to an additional flat screen television, as well as a dart board and a small stage area with karaoke machine.
ANCILLARY AREAS
· Male, Female & Disabled toilets
· Beer Cellar with separate delivery access
· Small office
· Ancillary storage areas
THE BUSINESS/ OPPORTUNITY
The First & Last is a well-established pub and its name derives from the fact it is the first pub you encounter coming from Milngavie and the last pub from Glasgow as you head along Maryhill Road.
The business is a good ‘locals’ pub but has a reputation for being friendly and welcoming and enjoys a loyal and regular clientele. They show live sport on their 3 big screens as well as hosting regular karaoke nights.
The pub will be made available with vacant possession however the pub has been leased out by our client for the last few years and they had been achieving a rental of £25,000 per annum.
It is felt the pub is a great opportunity and would suit either a hands on owner operator or alternatively an another investor or existing pub group looking to add to their portfolio. It is also felt that the property offers alternate development potential subject to planning permission.
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